We invested $20,000.00 for 10 terminals in May. My husband had just had back surgery 6 mo's prior to this and because the surgery resulted in complications, he was unable to return to work doing what he had done his entire life as a Mechanic. When the opportunity was presented to us by an Ameripos Rep, we believed him for what he promised. They even provided references to call and everyone was "great". They try to make it sound as if they are working for you, but are only keeping the Distributors appeased.
Right from the start, their Rep did not tell us we would have to do the locating ourselves. He said they had a Locator and the locations were ready to place these terminals in, all we had to do was take the terminals there. When we called the President of AmeriPOS with this issue, he apologized this "misunderstanding" and said there was an additional cost to have a Locator physically help us. Since we did not have anymore money to invest, he 'worked this out' by taking two of our terminals back and assigned us a Locator who was physically here in the Dallas area. This Locator turned out to be a total fraud and only added to this whole nightmare.
He did not assist us with anything other than ripping us off even more by claiming the competitiveness of the pre-paid cellular rates. He convinced us to buy Cellphones by saying that was the greatest investment of all with this Company. We gave him 1/2 the money to place the order as we trusted him, after all he was represting AmeriPOS. He got fired by AmeriPOS before that could be concluded. We no longer wanted the cellphones and requested our money back ($479.00). Neither AmeriPOS nor "their" Locator want to refund our money. They both refuse to take responsibility as one accuses the other of having these phones and/or had nothing to do with it. Now this Locator claims he is suing them!
AmeriPOS misled us as to the commissions and returns that the terminals could reasonably be expected to generate. They failed to clearly indicate the Merchant commissions are deducted from the Distributors commission in the representations. They made it seem as if the commissions were separate. The Distributors get the smallest piece of the pie.
AmeriPOS is in the business of stealing money from innocent Investors. They falsely indicated the abilities of the terminal. The question here is why they felt the need to mislead us as to the abilities of these terminals when it was their claims that prompted us to invest a great sum of money. If we're not making money, they're not making money. So who's winning here? They use deceptive and fraudulent tactics to sell the so called business opportunity. This is a lose situation from the start for the innocent.
I want what is legally mine, i.E., $20,000.00. This is now so minor when you think about all the stress, grief and frustration it has caused. Do not invest in this company!
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